A-one Steels India Limited
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₹46(11.36%)
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The public market debut of A-one Steels India Limited's was completed on Oct 01, 2026 with its listing on the NSE, BSE exchange. The IPO process raised 99,99,999 Shares in total capital, consisting of 87,65,432 Shares in new equity and ₹50.00 Cr in existing share sales through the OFS route.
The offering featured a price range of ₹385 to ₹405 and minimum application size of 37 shares. Investor response during the subscription period from Sep 24, 2026 to Sep 28, 2026 influenced the final allotment ratios across investor categories.
Final allotment was announced on Sep 29, 2026, distributing shares to successful subscribers. The listing established a continuous market for the company's shares, enabling liquidity, valuation transparency, and broader investor participation.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
A-One Steels India Limited, originally incorporated as A-One Steel and Alloys Private Limited in April 2012, was renamed A-One Steels India Private Limited in June 2024 and later converted into a public limited company in December 2024. Established in 2009, the A-One Steel Group is a steel manufacturer in South India with an integrated manufacturing setup focused on quality, innovation and sustainability. The Company produces HR and CR coils, HR/CR pipes, galvanized tubes, TMT bars, met coke, silicon manganese and ferrosilicon. It operates six manufacturing facilities across Karnataka and Andhra Pradesh, strategically located near major iron ore sources and within 450 km of key ports, supporting efficient transportation. Its products are used in construction, infrastructure, power plants, dams, airports, bridges, flyovers, stadiums, highways, marine structures, industrial buildings and high-rise residential projects. The Company also manufactures sponge iron at its Koppal and Bellary facilities and is setting up a 10 MW power plant with waste heat recovery on 39.29 acres of land. It further sources renewable energy through long-term solar and wind power purchase agreements, supporting its operations and sustainability initiatives.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Backward-Integrated & Diversified Steel Portfolio: The company operates across different stages of the steel manufacturing process and produces long steel, flat steel and industrial products. This reduces dependence on any single product category.
- Strategic Manufacturing Location: Its manufacturing facilities are located close to key raw material sources, helping reduce transportation and logistics costs and supporting better operating margins.
- Diversified Sales Channels & Customer Base: The company sells through retail outlets, authorised distributors, institutional customers, intermediaries and trading channels. It serves dealers, construction and infrastructure companies, as well as other institutional and bulk buyers.
- Expansion & Capital Expenditure Risks: The company’s planned expansion and infrastructure projects require significant investment and involve operational and regulatory challenges. Delays or failure to achieve expected benefits could affect business, cash flows and future growth.
- Related Party Transaction Risk: The company carries out related party transactions as part of its regular business activities. Although these transactions are conducted on an arm’s-length basis and comply with applicable laws, they may still impact the company’s business, cash flows and financial condition.
- Dependence on End-Use Industries: The company’s performance depends on sectors such as construction, infrastructure, power, transportation and industrial activities. Economic downturns, weaker demand or the availability of substitute materials could negatively affect business and financial performance.
- Sandeep Kumar
- Sunil Jallan
- Krishnan Kumar Jalan
A-one Steels India Limited
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